secwatch.observer — SEC 8-K summary
======================================

Issuer:     VirTra, Inc (VTSI)
CIK:        0001085243
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001493152-22-022075
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VirTra Q1 revenue up 52% to $6.8M; net income $577K; backlog $21.0M
-------------------------------------------------------------------

- Total revenue $6.8M (+52% YoY); gross profit $3.7M (+44%); net income $577K ($0.05 diluted EPS).
- Adjusted EBITDA $997K (+33% YoY); backlog $21.0M (+30% YoY), down from $23.1M in Q4 2021.
- Cash and cash equivalents $15.7M at March 31, 2022; working capital surplus $25.9M.
- Received first order for multiple systems under standing offer from Government of Canada.
- Second quarter 2022 results to be reported on August 19, 2022 before market open.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1085243/000149315222022075/0001493152-22-022075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1085243/000149315222022075/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-022075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer